Average Retail Banker Hourly Pay

$14.00
Avg. Hourly RateShow Salary
$1,188
Bonus
$1,900
Commission
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The average hourly pay for a Retail Banker is $14.00.
10%
$11.98
MEDIAN
$14
90%
$17.21
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Hourly Rate
$12 - $17
Bonus
$309 - $3,490
Commission
$503 - $4,122
Total Pay
$25,663 - $43,394
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What Do Retail Bankers Do?

Retail Banker Tasks
  • Process a variety of customer transactions accurately and efficiently in adherence to bank policies and regulations.
  • Address customer questions and concerns by phone and in person.
  • Assists with courtesy and collection calls as needed and seeks assistance from more knowledgeable branch staff when necessary.
  • Open and perform account maintenance on certificate of deposit, consumer and business accounts.
  • Perform opening, closing, and other branch servicing duties such as cash and vault balancing.

Job Satisfaction for Retail Banker

3.3 out of 5
(69)
Satisfied
5Reviews
The top respondents for the job title Retail Banker are from the companies Woodforest National Bank, Woodforest and Wells Fargo Bank. Reported salaries are highest at Wells Fargo Bank where the average pay is $15.58. Other companies that offer high salaries for this role include People's United Bank, earning around $15.03. Woodforest National Bank pays the lowest at around $13.05. Woodforest also pays on the lower end of the scale, paying $13.45.

Retail Banker Job Listings

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What Are Popular Skills for Retail Bankers?

Skills in Banking and Customer Relations are correlated to pay that is above average. Skills that pay less than market rate include Cash Handling, Sales and Customer Service.

What is the Pay by Experience Level for Retail Bankers?

An entry-level Retail Banker with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $13.40 based on 33 salaries. An early career Retail Banker with 1-4 years of experience earns an average total compensation of $13.60 based on 165 salaries. A mid-career Retail Banker with 5-9 years of experience earns an average total compensation of $14.73 based on 40 salaries. An experienced Retail Banker with 10-19 years of experience earns an average total compensation of $14.90 based on 39 salaries. In their late career (20 years and higher), employees earn an average total compensation of $17.
Employees with Retail Banker in their job title in New York, New York earn an average of 14.3% more than the national average. These job titles also find higher than average salaries in San Antonio, Texas (1.7% more). The lowest salaries can be found in Roanoke, Virginia (7.3% less), Columbia, South Carolina (4.0% less) and Houston, Texas (3.5% less).

Years of Experience

This data is based on 291 survey responses.
Entry Level
11.3%
Early Career
56.7%
Mid Career
13.7%
Experienced
13.4%
Late Career
4.8%